Chainlink News: LBank Boosts LINK With Data Streams Deal

Chainlink News: CCIP Now Secures Over $16B in Wrapped BTC Key Facts, At a Glance LBank, a global exchange with 25M+ registered users, has adopted Chainlink Data Streams to power its prediction market platform, LBank Predict The integration enables 5-minute and 15-minute BTC/ETH prediction contracts to resolve within minutes instead of hours Separately, LINK reports the Wrapped Bitcoin ecosystem now holds $16B+ in value secured via CCIP, spanning 17+ assets and roughly 70% market share LINK trades at approximately $8.18 today, up 0.21% over 24 hours Today's Chainlink news covers two developments published by Chainlink and reported in LBank's own press materials on August 6. LBank, which serves more than 25 million registered users across 160 countries, has adopted Chainlink Data Streams to power its prediction market product, LBank Predict. Separately, Chainlink disclosed that its Cross-Chain Interoperability Protocol (CCIP) now secures more than $16 billion in value across the broader Wrapped Bitcoin ecosystem, spanning 17 or more distinct wrapped BTC assets. Glossary:Chainlink Data Streams delivers low-latency, high-frequency industry data used to settle time-sensitive contracts. CCIP is Chainlink's Cross-Chain Interoperability Protocol, enabling secure asset and price feeds transfers between different blockchains. A prediction market lets users trade on the outcome of a future event, such as whether an asset's price will be above or below a level at a set time. Chainlink News: What LBank Actually Announced Per LBank's official release, LINK Data Streams upgrades LBank Predict with faster, more reliable sector data infrastructure, unlocking high-speed price delivery and rapid settlement specifically for short-term BTC and ETH prediction contracts. LBank said 5-minute and 15-minute contracts can now resolve accurately within minutes rather than hours, a direct function of how quickly and reliably the underlying price data streams into the settlement process. Source: X(formerly Twitter) LINK Labs Chief Business Officer Johann Eid said prediction markets are only as reliable as the information that resolves them, and that the blockchain oracle network provides the speed and security needed to run them globally. LBank's Eric He, described as Community Angel Officer and Risk Control Adviser, said reliable data is the foundation of every prediction market and that the integration strengthens LBank Predict's transparency and trustworthiness for its global user base. The exchange said it will continue exploring further LINK integrations as it expands into tokenized U.S. stock products and other trading solutions connecting traditional finance with crypto markets.